Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
GIC Housing Finance Limited
Meeting Details
- Date: August 04, 2026
- Type: 36th Annual General Meeting (AGM)
- Time: 11:30 AM to 01:13 PM IST
- Mode: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
Proposed Resolutions and Implications
The following seven resolutions were proposed for shareholder approval:
1. Ordinary Resolution: Adoption of Audited Annual Standalone and Consolidated Financial Statements for FY2025-26
2. Ordinary Resolution: Declaration of dividend of ₹1.50 per equity share for FY2025-26
3. Ordinary Resolution: Re-appointment of Shri Hitesh Joshi (DIN: 09322218) as Non-Executive Director
4. Ordinary Resolution: Re-appointment of Smt. Rajeshwari Singh Muni (DIN: 09794972) as Non-Executive Director
5. Special Resolution: Appointment of Shri Vilas Kakar (DIN: 03055561) as Independent Director
6. Ordinary Resolution: Approval for Material Related Party Transactions with Promoter Companies up to ₹1,000 crores
7. Special Resolution: Approval for Private Placement of Redeemable Non-Convertible Debentures up to ₹2,500 crores
Voting Process and Methods
- Remote e-voting: Available from July 31, 2026 (09:00 AM) to August 03, 2026 (05:00 PM) through KFin Technologies Limited
- E-voting during AGM: Available for members attending through VC/OAVM who did not vote remotely
- Cut-off date: July 28, 2026 for determining voting eligibility
Key Voting Outcomes
Overall Participation
- Total shareholders on record date: 62,834
- Shareholders who voted: 7 (0.01% of total shareholders)
- Total shares voted: 23,49,06,177 (43.62% of total share capital)
Resolution-wise Results
Resolution 1: Adoption of Financial Statements
- Total valid votes: 2,34,63,562
- In favor: 2,34,62,390 (99.9950%)
- Against: 1,172 (0.0050%)
- Result: Passed (Ordinary Resolution)
Resolution 2: Dividend Declaration
- Total valid votes: 2,34,90,618
- In favor: 2,34,89,446 (99.9950%)
- Against: 1,172 (0.0050%)
- Result: Passed (Ordinary Resolution)
Resolution 3: Re-appointment of Hitesh Joshi
- Total valid votes: 2,34,82,116
- In favor: 2,29,43,229 (97.7051%)
- Against: 5,38,887 (2.2949%)
- Result: Passed (Ordinary Resolution)
Resolution 4: Re-appointment of Rajeshwari Singh Muni
- Total valid votes: 2,04,52,017
- In favor: 1,99,13,130 (97.3651%)
- Against: 5,38,887 (2.6349%)
- Result: Passed (Ordinary Resolution)
Resolution 5: Appointment of Vilas Kakar
- Total valid votes: 2,34,82,116
- In favor: 2,34,80,234 (99.9920%)
- Against: 1,882 (0.0080%)
- Result: Passed (Special Resolution)
Resolution 6: Related Party Transactions
- Total valid votes: 6,45,278
- In favor: 6,43,618 (99.7427%)
- Against: 1,660 (0.2573%)
- Result: Passed (Ordinary Resolution)
Resolution 7: NCD Placement
- Total valid votes: 2,34,90,617
- In favor: 2,34,88,940 (99.9929%)
- Against: 1,677 (0.0071%)
- Result: Passed (Special Resolution)
Shareholder Category Breakdown
Promoter & Promoter Group
- Shares held: 22,83,68,395
- Shares voted: 22,83,68,395 (100% participation)
- Voted in favor: 100% across all resolutions
Public Institutions
- Shares held: 20,52,747
- Shares voted: 53,72,661 (26.17% participation)
- Voted in favor: 99.98%-100% across resolutions
Public Non-Institutions
- Shares held: 28,96,14,880
- Shares voted: 1,16,51,817 (0.40% participation)
- Voted in favor: 98.38%-98.56% across resolutions
Scrutinizer's Role and Findings
- Scrutinizer: Alifya Sapatwala, Partner, M/s. Mehta & Mehta Company Secretaries
- Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013
- Responsibilities: Scrutinizing remote e-voting and electronic voting during AGM
- Findings: Voting process complied with Companies Act, SEBI LODR, and MCA circulars
- Witnesses: Mr. Shreyash Sawant and Mr. Pranay Rane (non-employees)
- Report Date: August 04, 2026
Compliance Confirmation
The voting process and results comply with:
- Companies Act, 2013 and Rules thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circulars including General Circular No. 14/2020, 17/2020, 20/2020, 09/2024, and 03/2025
- Secretarial Standard on General Meetings (SS-2)
Additional Information
- Results hosted on company website: www.gichfindia.com